Nordis SA cancels, during the vesting period, an equity-settled option plan, with no replacement instrument and no payment to the executives. The total cost of the plan at the grant date was 750,000 (case data) and the cumulative expense recognised up to the cancellation is 270,000. Compute the expense to be recognised immediately at the cancellation date.
- Total cost of the plan at the grant date (case data)
- 750,000
- Cumulative expense already recognised
- 270,000